🚀 Good news for Ripple fans! Renowned crypto analyst Shannon Thorp predicts the price of the XRP token could surge over $500 in the future. This prediction is based on a report that estimates the total value of cross-border payments could reach $250 trillion by 2027.

✨ Thorp agrees with the Ripple 2023 New Value Report which states that XRP's increased liquidity could turn this token into a digital currency that can move around the world in real-time.

🤔 However, some X users doubt reaching $500 considering the asset's current valuation of around $0.48. Thorp emphasized that his predictions were based on what he saw in banking, not because he was paid by Ripple.

🔍 Even so, this prediction still sounds very unreasonable. If Ripple's price reaches $500, based on current circulating supply, its market cap will reach more than $260 trillion, more than 260 times the industry's current market cap.

⚖️ Apart from that, developments in the case between Ripple and the US SEC could also affect the price of XRP. The price of this asset has depended on the development of this case in recent years.

Come on, share your opinion about this XRP price prediction in the comments column! 😄